Developers coming up with upscale residential projects in Gurgaon
With a new generation of moneyed professionals in the BPO and IT sectors apparently looking for upscale residential complexes in Gurgaon, the developing sectors of New Gurgaon and National Highway 8 (NH-8) have become prime locations for most developers.
Given the ever-increasing purchasing power of the new generation of wealthy professionals, the residential properties in New Gurgaon and NH-8 have become attractive purchase options for buyers; thanks to the multi-level developments, with high-end infrastructure and a horde of commercial activities.
The residential projects being developed by bigwig realty sector players in Gurgaon and adjoining areas chiefly include affordable as well as high-end apartments; low-rise and high-rise condominiums; massive penthouses, and capacious villas.
According to realty experts, the New Gurgaon area – that is, the area along the Northern Peripheral Road (NPR) zones – is a potential goldmine for investors. Since the area is at a convenient commuting distance from the International Airport, and also from Delhi, it is expected to develop into a posh location; all the more so because of a proposed second diplomatic enclave in Dwarka Phase 2 bordering Gurgaon.
About the increasing attractiveness of Gurgaon, Raheja Developers’ CMD Navin M Raheja said that Gurgaon boasts top-notch infrastructure – thanks to the meticulous efforts of Huda – and added: “The planned development and favourable tax polices followed by the state government are also responsible for the success story of this city.”
Source: The Times of India (Delhi)
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